23 Dec 2025 | 3 Mins Read

Naxatra Labs gets $3 million Pre-Series A funding led by Rainmatter

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Deeptech startup Naxatra Labs raised $3 million in a Pre-Series A round led by Rainmatter, with backing from Mohit Tandon (Delhivery), Vijay Shekhar Sharma (Paytm), and Narayan (Ather Energy). Funds will boost R&D, scale motor capacity to 50,000 units a month, and expand exports amid India’s EV and electrification push.